Category: Business

The board of Twitter is negotiating with Tesla CEO Elon Musk over his bid to buy the social media giant.  Media reports Monday said the two sides are close to reaching a deal.   Musk recently announced that he wants to buy the platform and…

According to papers filed with U.S. securities regulators, billionaire Elon Musk appears ready to continue his bid to take over Twitter, this time via a tender offer that would bypass the company's board and offer to buy stock directly from shareholders.  Twitter's board of directors…

A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case.  Lawyers for stockholders of the Austin, Texas-based company also say in court documents…

A classified satellite for the U.S. National Reconnaissance Office was launched into space from California on Sunday.  The NROL-85 satellite lifted off at 6:13 a.m. local time from Vandenberg Space Force Base aboard a two-stage SpaceX Falcon 9 rocket.  It was the first mission by…

Russia is clamping down on news and the internet. Overseas media organizations and activists are finding new ways in. ...

Even before Russia’s invasion of Ukraine, U.S. officials warned about cyberattacks originating in Russia against critical American infrastructure. Now, U.S. security agencies are increasingly cracking down on the networks used by cybercriminals, including for ransomware attacks. Dino Jahic has the story, narrated by Anna Rice. …

Twitter's board of directors on Friday voted unanimously to use a tactic called a "poison pill" to fend off Elon Musk's attempt to take over the company. In such a defensive tactic, all Twitter shareholders except Musk could buy more shares at a discount. This…

Hours after announcing his $43 billion hostile takeover bid for Twitter, business magnate Elon Musk laid out some of his goals for the social media giant, including an edit button that would let users amend ill-considered tweets. Musk made the comments on the concluding day…

Businessman Elon Musk has offered to buy Twitter, saying the social media giant “needs to be transformed as a private company.” "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free…

Russian users of Netflix NFLX.O have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA news agency reported on Wednesday.  Netflix Inc said in March that it suspended its service in…

A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution. Robert A. Karmann, 55, of…

Elon Musk's huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices. The complaint in New York…

The world of nonfungible tokens, or NFTs is getting a boost from companies and celebrities, who are making the digital products. But the nascent technology comes with risks. Tina Trinh reports. ...

Twitter Inc’s biggest shareholder, Elon Musk, has decided not to join its board, Chief Executive Parag Agrawal said late on Sunday.  Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% stake on April 4 and said he plans…

Chinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country’s technology industry. Liu will hand over the reins to JD.com’s president Xu Lei,…

Twitter said on Tuesday it will begin testing a new edit feature in the coming months, surprising its users on the same day it said Tesla boss Elon Musk would join the social media company's board.  Jay Sullivan, Twitter's head of consumer products, said in…

A day after it was revealed he owned the largest stake in Twitter, slightly more than 9% of shares, Elon Musk has joined the company’s board of directors. The Tesla and SpaceX founder will be on the board until at least 2024, according to a…

In the U.S., some restaurants and medical supply stores are turning to drones to deliver food, medicine, and other essential goods to people’s homes. VOA’s Julie Taboh has more. ...

The Kremlin’s clampdown on news of the war in Ukraine has hackers and volunteers from around the world are sending messages directly to Russian citizens' phones to keep them informed. Matt Dibble has the story. ...

China has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what's been dubbed its "digital silk road," and Africa seeks the infrastructure it badly needs for better internet connectivity.   Chinese giant Huawei is a shareholder in the $425-million PEACE cable,…

Up to 40% of food in the U.S. is discarded. But as VOA’s Julie Taboh reports, a company in the Netherlands has come up with technology that can help reduce food waste in industrial kitchens. Camera: Tina Trinh, Orbisk;          Produced by Julie Taboh, Adam Greenbaum ...

Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of U.S. big tech giants such as Google, Meta, Amazon and Apple. Meeting in Brussels, the lawmakers nailed down a long list of do's and…

U.S. and British officials on Thursday accused the Russian government of running a yearslong campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery. The announcement was paired with the unsealing of criminal charges against four Russian government officials,…

Seattle-based teenager Avi Schiffmann is doing what he can to help Ukrainian refugees. He has launched a website that helps refugees find safe places to stay, matching refugees with people willing to share their homes. Anush Avetisyan has the story, narrated by Anna Rice. ...

Okta whose authentication services are used by companies including Fedex and Moody's to provide access to their networks, said on Tuesday that it had been hit by hackers and that some customers may have been affected. The scope of the breach is still unclear, but…

Three companies have lodged a complaint with the European Commission against Microsoft, accusing the U.S. technology giant of anti-competitive practices in its cloud services, sources told AFP on Saturday, confirming media reports. Microsoft is "undermining fair competition and limiting the choice of consumers" in the…

Before Russia invaded Ukraine, the groundwork had already begun — online. Russian disinformation is a key part of what many are calling a hybrid war.  VOA's Tina Trinh explains. ...

Facebook owner Meta Platforms FB.O will help train Australian political candidates on aspects of cyber security and coach influencers to stop the spread of misinformation in a bid to boost the integrity of an upcoming election, it said on Tuesday. Australia has not yet set…